New York Mortgage Trust (NYMT) director Mumma acquired 86,303 shares
Insider transactions reported
Steven R Mumma (director at New York Mortgage Trust Inc., NYMT) reported that they acquired 86,303 shares, and gave up 34,445 shares at $2.56 to cover taxes or an exercise price on Jan 1, 2023. After these transactions the filing shows 1,791,382 shares held directly.
- Reporting person
- Mumma Steven R
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 1, 2023 | Exercise or conversion of a derivative (M) | Common Stock, par value $0.01 per share1, 2, 4 | +86,303 | - | - | 1,812,407 direct |
| Jan 1, 2023 | Shares withheld for taxes or exercise price (F) | Common Stock, par value $0.01 per share3, 5 | -34,445 | avg $2.56 | $88.2K | 1,791,382 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 1, 2023 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 86,303 Common Stock, par value $0.01 per share2, 6, 7 | -86,303 | - | - | 54,200 direct |
Holdings before and after
- Common Stock, par value $0.01 per share: 1,739,524 to 1,791,382 direct
- Restricted Stock Units: 140,503 to 54,200 direct
Footnotes from the filing
- 1. Shares acquired pursuant to the settlement of restricted stock units ( RSUs ) granted to the Reporting Person in January 2020.
- 2. Each RSU is the economic equivalent of one share of common stock of New York Mortgage Trust ( NYMT ). Each RSU was settled in one share of common stock of NYMT.
- 3. Surrendered to satisfy tax liability incident to the settlement of RSUs described in Note 1 above.
- 4. Shares acquired pursuant to the settlement of RSUs granted to the Reporting Person in January 2021.
- 6. On January 1, 2020, the Reporting Person was granted 96,308 RSUs, vesting in three equal annual installments beginning on the first anniversary of the grant date.
- 7. On January 27, 2021, the Reporting Person was granted 162,202 RSUs, vesting in three equal annual installments beginning on January 1, 2022.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Mumma report in this NYMT Form 4?
Steven R Mumma (director at New York Mortgage Trust Inc., NYMT) reported that they acquired 86,303 shares, and gave up 34,445 shares at $2.56 to cover taxes or an exercise price on Jan 1, 2023. After these transactions the filing shows 1,791,382 shares held directly.
How many NYMT shares does Mumma hold after this filing?
The filing shows 1,791,382 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for NYMT
Earlier insider filings at NYMT
- Jan 4, 2023SEC Form 4: Serrano Jason T converted options into 121,202 shares and covered exercise/tax liability with 48,167 shares, increasing direct ownership by 10% to 816,940 units
- Jan 4, 2023SEC Form 4: Mah Nicholas converted options into 77,815 shares and covered exercise/tax liability with 34,696 shares, increasing direct ownership by 8% to 560,308 units
- Jan 4, 2023SEC Form 4: Reese Nathan R converted options into 38,908 shares and covered exercise/tax liability with 16,245 shares, increasing direct ownership by 8% to 293,908 units
- Jan 4, 2023SEC Form 4: Nario-Eng Kristine Rimando converted options into 43,771 shares and covered exercise/tax liability with 20,116 shares, increasing direct ownership by 6% to 397,687 units
- Jun 10, 2022SEC Form 4: Clement Michael B. was granted 38,586 shares, increasing direct ownership by 23% to 208,867 units
- Market cap
- 30-day
- Sector
- Real Estate
- Industry
- Real Estate Investment Trusts
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